GCC:Biggest marts to see premium growth, volatile profits -- S&P

16 Mar 2017

Although the GCC region is far from uniform in terms of insurance developments, new regulations and types of insurance cover as well as government infrastructure spending, are likely to contribute positively to premium growth in its four largest insurance markets this year, according to a report published yesterday by S&P Global Ratings entitled "Gulf Cooperation Council Insurers: Gross Premiums Will Grow, But Profitability May Be Volatile In 2017".

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